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Dec 3, 2012
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specific on how to restructure medicare. is it responsible for the met to present a vision being specific on tax hikes but on medicare saying, we'll get to a specific number but we won't specify? is it because there's so much pressure on the left to not reform medicare? >> i think it's certainly a fight. and i think we have to be careful. we have to make sure -- i think we can get to means testing fairly easily. some higher co-pays for people who can afford it. as i said before, donald trump may need medication but he doesn't need the government to pay for it. we've got to get to a point where we are really having people who can afford to pay for their health care, having them take that responsibility. >> that's the position the president should adopt in your view? >> i think so. i think aggressive means testing for people who can afford it makes sense as we look at long-term savings in the medicare program. but here's the thing. bob and i both know, he and i are talking and i think we can get a deal through the senate. the
specific on how to restructure medicare. is it responsible for the met to present a vision being specific on tax hikes but on medicare saying, we'll get to a specific number but we won't specify? is it because there's so much pressure on the left to not reform medicare? >> i think it's certainly a fight. and i think we have to be careful. we have to make sure -- i think we can get to means testing fairly easily. some higher co-pays for people who can afford it. as i said before, donald...
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168
Dec 3, 2012
12/12
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CNBC
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other potential hospital stocks out there that have also potentially been involved in this kind of medicare fraud? >> you know, the allegation was about a year-and-a-half ago that community had some issues in its emergency rooms as well. that was made by tenet. there was an awful lot of talk about that with observation rates and -- >> it was also to stave off a deal they were trying to fight a takeover. >> that was controversial. in my analysis when i looked at the other hospital companies, i excluded community from some of the analysis. none of the other hospital companies were nearly as problematic as consistently. 64% of markets with low observation rates. 53% of markets with high short stay rates. this is the holy grail. as you said earlier, this is the holy grail of the way you want to do the analysis. >> cheryl, thank you. we should also mention the hma senior vice president allen levine told "60 minutes" the allegations were "absolutely wrong." of course this is just the start of an ongoing story. thank you. >>> time for some hopium. a strong november for auto sales nearly every manu
other potential hospital stocks out there that have also potentially been involved in this kind of medicare fraud? >> you know, the allegation was about a year-and-a-half ago that community had some issues in its emergency rooms as well. that was made by tenet. there was an awful lot of talk about that with observation rates and -- >> it was also to stave off a deal they were trying to fight a takeover. >> that was controversial. in my analysis when i looked at the other...
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Dec 4, 2012
12/12
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we saw undocumented savings come unspecified savings over 10 years, after which medicare would end as we know it and additional savings at how pay for tax cuts. the presidentpurposely planned health care entitlements in the first 10 years exceed the savings put forward by the paul simpson commission. the norstar if you wrote this process. i refer you to the document for more details. we have been specific. we understand republicans won't -- maybe they want different kinds of cuts. maybe they want additional cuts. the president has made clear he will entertain others' ideas. we need to see what they are. we can't pass on their behalf what republicans want out of this process. they need to put forward ideas as we put forward ours. >> they feel the administration didn't be specific about entitlement changes, but very specific for tax reform. and you heard what they said. >> i heard what she said, but look at the proposals. we understand they may want different ones. let's be specific about the fact we put forward substantial savings and health care entitlements as were his other entitlem
we saw undocumented savings come unspecified savings over 10 years, after which medicare would end as we know it and additional savings at how pay for tax cuts. the presidentpurposely planned health care entitlements in the first 10 years exceed the savings put forward by the paul simpson commission. the norstar if you wrote this process. i refer you to the document for more details. we have been specific. we understand republicans won't -- maybe they want different kinds of cuts. maybe they...
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613
Dec 3, 2012
12/12
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we understand much of that comes from medicare, things that we've heard from republicans over and over like raising the eligibility age, means testing, things like that. so then we have about $600 billion in essentially spending cuts, half from mandatory spending, half from discretionary spending. this is the other very interesting thing that's new. $200 billion from revising the consumer price index. that sounds very technical. but it has very real world consequences because it very much could affect the money, the checks that social security recipients in particular get every single month because it effectively changes inflation so it changes the formula from what they would get. >> significant differences between the white house proposal on this part of the equation as well as on the tax equation. the politics behind this latest republican counterproposal, are they just going through the motions of having their opening bargaining positions knowing that both sides are going to have to make concessions. >> reporter: the answer to that is yes. everybody knows that everybody is going to
we understand much of that comes from medicare, things that we've heard from republicans over and over like raising the eligibility age, means testing, things like that. so then we have about $600 billion in essentially spending cuts, half from mandatory spending, half from discretionary spending. this is the other very interesting thing that's new. $200 billion from revising the consumer price index. that sounds very technical. but it has very real world consequences because it very much could...